[goodnesswins]

Can I steal what you said and put it on my FB? Freepers say things so well!!! Also, I think I will add...and who do you think will pay for the INTEREST on your student loan? Small Business! Businesses who, then, will NOT have the money to HIRE YOU!

[muawiyah]

Student loans are not dischargeable in a court. They are nearly as good as a mortgage and certainly better than a car loan ~ cars, after all, depreciate pretty rapidly.

So, what is the market value of those loans, in terms of interest? With mortgages available at 3%, and car loans available at 4%, maybe 3.5% would be appropriate. But what will the banks offer? It'll probably be over 7%!

That, BTW, is a ripoff for a non-dischargeable government guaranteed loan!

The fact Obama and his crowd are threatening the students with a higher than market interest on these loans ought to tell you a lot about Obama ~